MEXICO – GoGold Resources’ most recent exploration results include near-surface, high-grade silver and gold intersections around historical underground workings from the Los Ricos South project. The Main area returned 18.8 metres of 255 g/t silver-equi…
SILVER-GOLD: GoGold hits high grades at Los Ricos South Read More »
In early January 2020, gold prices were steadily escalating on the heals of strong investor confidence fueled by some of the largest mining M&A transactions in recent history, including Newmont’s merger with Goldcorp (US$10 billion), and Kirkland L…
Commentary: What previous pandemics tell us about gold Read More »
VIRGINIA – Aston Bay has announced that, as a precautionary measure in the face of the COVID-19 pandemic, it has decided to pause drilling operations at its Buckingham gold property in central Virginia in the U.S. In a press release, the Toronto-…
GOLD: Aston halts drilling in Virginia Read More »
Peru may be on track to record its first annual economic contraction in over two decades as the world’s second largest copper producer is hammered by the impact of a global coronavirus pandemic hurting commodities demand. Around the country miners have…
Coronavirus threatens copper giant Peru’s 21-years of growth Read More »
In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by…
Moody’s slashes growth forecasts Read More »
Egypt-focused gold miner Centamin will postpone publishing its financial results for the 12 months ended December 31, in accordance with a request by the UK’s Financial Conduct Authority (FCA). The LSE- and TSX-listed miner said it would announce the n…
Centamin postpones financial results Read More »
Colombian mining companies, including coal producers Cerrejon and Drummond, will reduce operations to slow the spread of coronavirus, the sector’s guild said on Tuesday. Some 15 000 workers directly employed in the industry will stop working, as will 1…
Colombia mining companies to reduce operations due to coronavirus Read More »
TSX-listed First Quantum Minerals has said its production and sales “remain stable” in the current environment and the company is maintaining its production guidance for the year. In a statement on March 24, CEO Philip Pascall said the company’s key pr…
First Quantum ‘remains stable’, but cuts executive salaries by 20% Read More »
SASKATCHEWAN – Uranium companies Cameco and Orano Canada are suspending mining and processing activities at their operations in the northern part of the province due to the COVID-19 threat. The two companies jointly agreed to suspend production activit…
URANIUM: Cameco, Orano Canada suspending Sask. operations due to COVID-19 Read More »
On Monday evening, South Africa’s president Cyril Ramaphosa announced a 21-day nationwide lockdown as of midnight on Mar. 26 to slow the spread of the COVID-19 virus. As a result, companies operating mines in the country, such as Anglo American,……
COVID-19: South African mines to suspend operations for 21 days Read More »
